We are hereby submitting the Annual report under regulation 34 of SEBI (LODR) Regulation 2015.
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Sharpline Broadcast Limited has filed its 35th Annual Report for the financial year ended March 31, 2025, along with the notice for its AGM to be held on September 24, 2025 via video conferencing. Revenue from operations fell sharply to Rs. 1,672.68 lakhs (from Rs. 3,231.36 lakhs in FY24), but profit after tax jumped nearly fourfold to Rs. 601.62 lakhs (from Rs. 153.80 lakhs), driven by sharply lower expenditure and higher operating margins. The company made two acquisitions during the year: a 51% stake in Unayur Marketing Pvt Ltd (pharma and medical products) for Rs. 9 crore, and a 62.36% stake in Broad Cast Equipments (India) Pvt Ltd for about Rs. 2.99 crore, expanding into healthcare and strengthening broadcasting operations. The board has not recommended any dividend for FY25 and is seeking shareholder approval to revoke an earlier resolution to invest in KDM Business Ltd, citing changed strategic priorities and conflicts of interest among directors.
Sharholders should note the dramatic improvement in profitability on a smaller revenue base, indicating better cost control and margin expansion. The diversification into pharmaceuticals through Unayur Marketing is a significant strategic shift from the core broadcasting business. No dividend means shareholder returns will depend on stock price appreciation and the success of new subsidiaries.